Loan Type: MCA/Short Term Cash Advance
Loan Amount: $50,000
Total Payback Amount: $65,000
Term: 12 Months
Simple Interest Rate: 30%
Monthly Rate: 2.5%
Payment: $257.93 (Daily Monday-Friday)
Origination Fee: $1,000
Disbursement Amount: $49,000
Loan Type: MCA/Short Term Cash Advance
Loan Amount: $30,000
Total Payback Amount: $35,000
Term: 6
Simple Interest Rate: 16.6%
Monthly Rate: 2.77%
Payment: $277.77 (Daily Monday-Friday)
Origination Fee: $300
Disbursement Amount: $29,700
Loan Type: MCA/Short Term Cash Advance
Loan Amount: $65,000
Total Payback Amount: $84,500
Term: 9
Simple Interest Rate: 30%
Monthly Rate: 3.33%
Payment: $2,347.22 (Weekly)
Origination Fee: $1,500
Disbursement Amount: $63,500